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nancy pelosi drawing a fine the sand on tax hikes. kevin mccarthy with his take on that. bill: were there warning signs that claimed the lives of american heroes? >> something had to happen to them here. >> my brother is in the marines. it's devastating what happened. or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. we find the best, sweetest crafor red lobster that we can find. [ male annncer ] it's time for crabfest at red lobster! this year, try 1 of 5 entrees. like our new snow crab and garlic shrimp. a half-pound of tender crab paired with savory shrimp. just 12.99. or dig into our hearty crab and roasted garlic seafood bake. all with salad and unlimited cheddar bay biscuits. so much to choose from, so little time. so ce into red lobster for crabfest today and sea food differently. bill: we see these waterspouts off the coast of miami, florida. check this out. this may look like a special effect for a hollywood movie. it's a video showing a giant funnel of water that looks
nancy pelosi drawing a fine the sand on tax hikes. kevin mccarthy with his take on that. bill: were there warning signs that claimed the lives of american heroes? >> something had to happen to them here. >> my brother is in the marines. it's devastating what happened. or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. we find the best, sweetest crafor red lobster that we can find. [ male...
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now house speaker nancy pelosi says she won't budge when it comes to tax cuts for the wealthy. that puts her at odds with john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that would leave rates the same but tax deductions for high income earners. is that something that's acceptable? >> no. >> not at all. >> the president made it clear in his campaign that there are not enough resources. what you described is a formula and a blueprint for hampering a future. you cannot go forward -- you have to cut some investments. if you cut too many, you are hampering growth, you are hampering education and investments in the future. >> even thousands of miles away it appears president obama is still focused on negotiations. while touring a royal monastery with secretary of state clinton the president was overheard mentioning the budget talks to a monk. the president later clarified his comments at a news conference. >> i always believe in prayer. i believe in prayer when i go to church back home and
now house speaker nancy pelosi says she won't budge when it comes to tax cuts for the wealthy. that puts her at odds with john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that would leave rates the same but tax deductions for high income earners. is that something that's acceptable? >> no. >> not at all. >> the president made it clear in his campaign that there are not enough...
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a short time ago, a couple hours ago house majority whip kevin mccarthy said that nancy pelosi and the president are not on the same page. he referred to even the dollar amount of what is considered wealthy referring to the may proposal from pelosi at a million dollars or more as opposed to 250,000 we're talking about right now. is there divide? >> i think that right now we see a lot of positioning for the negotiations, but i've been one who has been in line with speaker pelosi or leader pelosi on that for a long time. that there's nothing sacrosakt about the $250,000 number. the white house is very, very strict about that. i think there are a lot of ways that we could negotiate somewhere between that number and incomes over a million dollars a year. i offered an amendment in the budget committee just to raise the tax rates back to clinton era rate on incomes over a million dollars. every republican voted against them. we'd love to talk about another number if the republicans were willing to talk about any number. >> that is an interesting point there. to further point out in this inte
a short time ago, a couple hours ago house majority whip kevin mccarthy said that nancy pelosi and the president are not on the same page. he referred to even the dollar amount of what is considered wealthy referring to the may proposal from pelosi at a million dollars or more as opposed to 250,000 we're talking about right now. is there divide? >> i think that right now we see a lot of positioning for the negotiations, but i've been one who has been in line with speaker pelosi or leader...
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>> even the language that nancy pelosi just put out there is bad. and i mean, i respect her position. i think it's great that she's sticking to her guns. but i can't stand the fact that these people aren't talking about compromise instead of saying i'm never going to change, i'm never going to move up a the time because that's not the point. the point is getting together and fixing this stuff. it's going to be a little tax, a little bit of a cut, let's do it. >> boy, mika, i don't want to walk into this, but you combine what nancy poelosi said yesterday, what the president said at the press conference yesterday, very defiant. >> speaker boehner. >> yes. >> and, you know, and john boehner right after the election. i mean, these people, do they get a professional mediator to figure out how to get this done? >> look, this is how negotiations happen. president is taking -- >> we have no solution. that's how negotiations happened before, steve, and then nothing happened. >> this has been going on for years. >> i don't want to be optimistic because i'm no
>> even the language that nancy pelosi just put out there is bad. and i mean, i respect her position. i think it's great that she's sticking to her guns. but i can't stand the fact that these people aren't talking about compromise instead of saying i'm never going to change, i'm never going to move up a the time because that's not the point. the point is getting together and fixing this stuff. it's going to be a little tax, a little bit of a cut, let's do it. >> boy, mika, i don't...
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Nov 19, 2012
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joining me brendan, former communications director for nancy pelosi, and mark mckinnon, distributor to the daily beast. what about the need for prayer, brendan? you've been through budget negotiations and saw the democratic leader nancy pelosi said over the weekend that there is no give on the, you know, fundamental demand about some adjustment on tax rates. >> right. >> top rates, that you can't get enough by capping deductions to make up what you need to get some balance going forward. what about prayer? is that going to be helpful? >> prayer is always helpful and so is trying to work together in a constructive way. i think the meeting the leaders had at the white house with president obama last week, both sides came out and said we have to get something done. i am optimistic. there's a lot of tough issues that have to be worked out but i think they can do it. >> mark, all joking aside, are you as optimistic? i read between the lines and you see speaker boehner clearly wants a deal and, perhaps, has more leverage now with the house republican caucus, but once you get down to the actu
joining me brendan, former communications director for nancy pelosi, and mark mckinnon, distributor to the daily beast. what about the need for prayer, brendan? you've been through budget negotiations and saw the democratic leader nancy pelosi said over the weekend that there is no give on the, you know, fundamental demand about some adjustment on tax rates. >> right. >> top rates, that you can't get enough by capping deductions to make up what you need to get some balance going...
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congresswoman nancy pelosi made some headlines about this comment about tax hikes for the wealthiest americans. >> would you accept a deal that does not include tax increase s for wealthy we have seen some capping income rates for high income earners -- is that acceptable at all? >> no. >> not at all? >> no, the president made it clear that there is not enough resources and what you have just described is a formula and a blueprint for hampering our future. >> okay. hogan, some of the gop are open to higher taxes for the top earners and senator mitch mcconnell came out after the talks last week, and took the microphone with pelosi and with reid and boehner at the side saying that revenue is on the table, but when the talks ramp back up after thanksgiving, is this an issue to be real negotiation or dig-in time? >> i hope it is time for a negotiation. look, if there is one thing that we learned from the president's campaign, he promised to raise taxes on the wealthy. and here is a news flash to the republicans out there, elections have consequences, and that is what he wants to do, and
congresswoman nancy pelosi made some headlines about this comment about tax hikes for the wealthiest americans. >> would you accept a deal that does not include tax increase s for wealthy we have seen some capping income rates for high income earners -- is that acceptable at all? >> no. >> not at all? >> no, the president made it clear that there is not enough resources and what you have just described is a formula and a blueprint for hampering our future. >> okay....
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nancy pelosi said we hope to get this wrapped up by christmas. one of the others said early december is when it should be done. shortly after thanksgiving somebody else said. so, i think we're lacking details, lacking commitments. we'll have to keep with the skeptics going. >> gene, what do you think? do you care about the structure of the deal? some would say have you to solve entitlements or the bond market is going to punish the country and it has to be dealt with? or do you think the stock market cares about getting something, anything done, before the end. year? >> on an immediate basis, no doubt. it cares about getting something done, something on the table. for the longevity of the upside, yes, i think it is concerned about what measures are really put in place, what the bipartisan cooperation really looks like in the end. >> rick, do you agree? >> i think in the near term any type of conclusion to this is going to be a positive for equities. don't confuse that for whatever deal is struck, how it affects long-term economic growth. ultimate
nancy pelosi said we hope to get this wrapped up by christmas. one of the others said early december is when it should be done. shortly after thanksgiving somebody else said. so, i think we're lacking details, lacking commitments. we'll have to keep with the skeptics going. >> gene, what do you think? do you care about the structure of the deal? some would say have you to solve entitlements or the bond market is going to punish the country and it has to be dealt with? or do you think the...
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nancy pelosi responded to some members of both parties calling to go ahead and go over the cliff. >> i don't think it's my role to go to the table with a threat. i think it's my role to go to the table with some ideas to be receptive to what we can come to agreement on. i'm not criticizing statements others make. but what i am saying is that there's too much at risk. and even if you went over the cliff for one month and then corrected it, you would still have a loss of gdp. >> and we've already started our discussion with our guest hosts, jeremy siegel and steve forbes. jeremy, we already had the beginning of this discussion. i'll start with you because i said you can see it sort of happening in some of the averages and you see the front page journal piece today about corporations cutting back on spending. do you not ascribe much to the notion that people are already acting with some trepidation about this and it could be harmful? >> i think the fall since the election is clearly the cliff might be close. there's hope that it had romney won, that force would mitigate or eliminate it,
nancy pelosi responded to some members of both parties calling to go ahead and go over the cliff. >> i don't think it's my role to go to the table with a threat. i think it's my role to go to the table with some ideas to be receptive to what we can come to agreement on. i'm not criticizing statements others make. but what i am saying is that there's too much at risk. and even if you went over the cliff for one month and then corrected it, you would still have a loss of gdp. >> and...